Rare Investment Opportunity in the Heart of NE Heights! A well-maintained multifamily property located in one of Albuquerque's most desirable neighborhoods. Surrounded by parks, top-rated schools, and established amenities, this property offers both convenience and long-term rental appeal. The community consists of all two-story 2BD/1BA units, each designed with functionality in mind. Every unit features in-unit washer/dryer hookups and private balconies, enhancing tenant comfort and marketability. Several units have been moderately updated, with improvements including newer swamp coolers in most, refreshed interiors, newer roofs, and modern touches that reduce future maintenance needs while boosting tenant satisfaction.
For sale
$1,800,000
3404 Cherokee Rd NE, Albuquerque, NM 87107
2beds
1baths
12,885sqft
Est.:
Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$140/sqft
$-- HOA
What's special
Modern touchesRefreshed interiorsPrivate balconiesFunctionality in mindNewer swamp coolersNewer roofsSurrounded by parks
- 92 days |
- 232 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: December 16, 2025 at 03:59pm
Listed by:
Trey W. Whaley 505-269-1824,
Trinity Apartment Company LLC 505-622-3240
Source: SWMLS,MLS#: 1092515
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Convection Oven, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
Features
- Flooring: Carpet, Laminate, Tile, Vinyl
- Has basement: No
Interior area
- Total structure area: 12,885
- Total interior livable area: 12,885 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 0.47 Acres
Details
- Parcel number: 101606047718341009
- Zoning description: MX-M*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Deck/Porch, Patio
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $638,100
- Annual tax amount: $26,624
- Date on market: 10/6/2025
- Cumulative days on market: 29 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$927/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Listed for sale | $1,800,000$140/sqft |
Source: | ||
| 10/14/2025 | Pending sale | $1,800,000$140/sqft |
Source: | ||
| 10/6/2025 | Listed for sale | $1,800,000$140/sqft |
Source: | ||
| 4/22/2014 | Listing removed | $525 |
Source: Go Section8 Report a problem | ||
| 1/29/2014 | Listed for rent | $525 |
Source: Go Section8 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,973 -1.3% | $212,678 |
| 2023 | $9,088 +58.7% | $212,678 +57.9% |
| 2022 | $5,727 +100.9% | $134,653 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$10,786/mo
Principal & interest
$8866
Property taxes
$1290
Home insurance
$630
Climate risks
Neighborhood: Alta Monte
Nearby schools
GreatSchools rating
- 4/10Montezuma Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10Mc Kinley Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Del Norte High SchoolGrades: 9-12Distance: 1.4 mi
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